IN BRIEF: React Group continues to perform in challenging markets
React Group PLC - Birmingham, England-based provider of cleaning and soft facilities management services - Tells shareholders at Thursday's annual general meeting that it is "continuing to perform well in challenging market conditions". Sales and marketing initiatives have yielded positive returns across each of the divisions and the ongoing pipeline of new business remains robust, company says. Particularly pleased with the resilient performance and integration of the recently acquired 24 hour Aquaflow Services which completed at the end of October last year. Continues to benefit from the considerable cross-selling and upselling opportunities between each division. Whilst the uncertain macroeconomic backdrop has resulted in reduced frequencies of certain contracts, strong underlying demand remains. "Remains mindful of the market headwinds highlighted in its FY24 results but continues to have confidence in the resilience of our divisions." Read More